Are there things we need to know when bringing in our first ever board? Stacey has thoughts. Also this week, we talk about internal controls for an organization with one staff member, and whether or not to submit a report for a grant that doesn’t actually require one. And finally, Andy gets tricked into answering a question about gala auctioneers. Thanks for joining us this week, and please send your questions to questions@NonprofitEverything.com.
Just two questions this week, but one of them’s juicy. Guess which one: Should we pay a professional auctioneer for our silent auction? or Is it legal to have a single-ethnicity board? As always, Stacey and Andy have opinions!
Today’s episode is sponsored by Immunize Nevada. Arm yourself by getting your annual flu vaccine. It protects you, your family, and those working on the front lines. Do your part. Get your flu vaccine by Nevada Day. Visit nvflufighter.org for more information and to find free and low-cost clinics.
This week, we’re tackling the most frequently asked nonprofit questions, like the old familiar one, “how do you auction a horse?” We find out whether or not you need to file a form 990 if you have no assets or revenue, whether it’s kosher for nonprofits to pay bonuses, and how to deal with the worst possible silent auction donation items. Stacey and Andy dispense even more career advice (this is starting to become a theme), and answer the age old question, “if a tree falls in the forest, will the IRS hear it.”
